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Required: 1.1 Prepare an overhead allocation statement showing the departmentalisation of the overheads (Note: the...

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Accounting

Required: 1.1 Prepare an overhead allocation statement showing the departmentalisation of the overheads (Note: the primary and secondary allocations must be clearly indicated).12 Calculate a production overhead absorption rate for production departments P1, P2 and P3(machine hours are used as the absorption base for the three production departments).1.3.The actual overhead incurred, the actual direct labour hours, and the actual machines hours used by production departments P1, P2, and P3 are shown below. Required: Calculate the under- or over-absorbed overhead in each of the departments using the information on the actual data provided and the production overhead absorption rates for production departments P1, P2 and P3, calculated in Q1.2

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